November 19, 2012
A compensation structure favored in the salon industry; a commission is a percentage earned of all revenue from services brought into the salon by an individual (for example, if a nail technician is paid on a 50% commission basis and she tickets services for $200, her commission is $100).
Keywords: business employee issues money staff management
April 13, 2012
Enter the Kupa Monthly Student Sweepstakes for your chance to win a $300 shopping spree at Kupainc.com.
Keywords: electric files electric filing for beginners Kupa money
June 13, 2011
The U.S. Senate voted down a proposal that would have delayed the change in fee regulations for two more years.
Keywords: legislation money
May 19, 2011
For booth renters and salon owners, keeping track of income and expenses is not the most exciting task, but it’s a necessary one. Keeping your business records in order will not only keep Uncle Sam smiling, it will enable you to understand your financial footing.
Keywords: booth rental business tools income money taxes
March 20, 2011
Keywords: business money taxes
As the April filing date nears, it’s time to double-check deductions and start planning for next year. Whether you are a one-station booth renter or a salon with multiple locations, you will want to make the most of every advantage the tax laws allow.
March 17, 2011
Plug a little plastic cube into the audio jack of your phone and you can use it to accept credit cards. Square (www.squareup.com) is a smartphone app that enables anyone to accept payment cards.
Keywords: business business tools money smartphone apps smartphones
January 13, 2011
A financial advisor teaches you how to make the most of your hard-earned dollars. Her three-step plan requires you to commit to saving, make it a habit, and allocate wisely.
Keywords: career handbook finance money newbie retirement
January 1, 2011
How much would it be worth to you to have clients pay up to two months in advance? Kim Hanzlik, owner of Nails, Hands, Feet and Toes in Winnemucca, Nev., offers clients the option of paying in advance and discounts their service by $5 as an incentive.
Keywords: money service pricing
November 22, 2010
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Every day there are opportunities to save, and it’s really easy to do once you identify where the waste is happening. From buying bulk sizes to shopping for furniture at a swap meet, these little things can make a difference in your budget.
Keywords: economy money
October 1, 2010
We know we should be saving for retirement — or taxes, or that vacation — but often we can’t seem to find a way. A free service called Auto-Save from Integrity Payment Systems automatically deducts a pre-determined amount each time a client pays with a credit card and deposits the amounts into an interest-bearing, no-minimum savings account.
Keywords: business finance keeping your business competitive money taxes
October 1, 2010
“Why give away your time for free when you can be charging for it?” asks Elaine Watson, Star Nails’ global education director and vice president of marketing and sales.
Keywords: business finance money service pricing soak-off gels
June 1, 2010
From saving money on products to developing an efficient schedule, salon coaches offer practical advice behind the cliché.
Keywords: business building career handbook learning new techniques marketing/promotions money
March 1, 2010
Part art, part science, pricing your services is one of the most important and delicate tasks you’ll undertake in the salon. And no two salon owners approach it quite the same. We asked readers: How do you decide how much to charge for a particular service?
Keywords: add-on services business economy keeping your business competitive money
December 1, 2009
Are you looking to make improvements to your salon, catch up on bills, or bring in inventory, but can’t get access to cash? Merchant Capital Source (MCS) provides working capital to salons that are either unable to obtain a traditional bank loan or have “maxed out” their available credit.
Keywords: money salon finances
October 1, 2009
Reneé Borowy of VIP Salon & Spa says renegotiating has been key to keeping costs under control.
Keywords: economy money recession Renee Borowy